North Mill Equipment Finance increased the size of its senior loan facility with Deutsche Bank to $125 million to support 2020 originations. Additionally, North Mill closed a new $50 million senior loan facility with Truist Bank in December. The new loan facility increased North Mill’s total credit availability to $205 million. read more

DEC 28, 2020 - 6:14 am

According to the ELFA, overall new business volume for November was $7.3 billion, down 7% year over year from new business volume in November 2019. Year to date, cumulative new business volume was down almost 6% compared with 2019. read more

DEC 21, 2020 - 6:52 am

The Alta Group and Reimagine Advisors entered a partnership that will enable them to bring technology solutions to clients seeking a competitive advantage in the digital-first economy. read more

DEC 21, 2020 - 6:49 am

Encina Equipment Finance provided a $20 million equipment lease to a global data center operator. The three-year lease is being used to finance new equipment. read more

DEC 21, 2020 - 6:48 am

Annual equipment and software investment will grow 7.8% in 2021, while annual U.S. GDP will grow 4.7%, according to a report from the Equipment Leasing & Finance Foundation. read more

DEC 17, 2020 - 7:09 am

Monitor will host a free virtual event on May 20 featuring moderator Vince Belcastro and panelists David Normandin, Miles Herman and Tom Depping who will discuss what lies ahead for the equipment finance industry. read more

MAY 12, 2020 - 7:05 am

The coronavirus COVID-19 outbreak has shown us how rapidly pandemics can alter public health and global markets. How quickly we recover from these events depends in large part on collaboration from every sector, including the equipment leasing and finance industry. ... read more

May/Jun 2020

Resolvion, a skip tracing and repossession management company, launched a new service designed to help lenders manage the flood of deferral/modification requests and, at the same time, better manage the emerging default risk caused by the COVID-19 crisis. read more

APR 7, 2020 - 6:40 am

Bank of the West named Joe Egitton ELS sales manager within its Equipment Finance Division. read more

MAR 30, 2020 - 7:00 am

Nominations for Monitor’s NextGen Issue, which will focus on up and coming leaders in the equipment finance industry, close at midnight on March 27. read more

MAR 26, 2020 - 6:50 am

First Business Equipment Finance, a subsidiary of First Business Bank, hired David Sook as senior vice president of Equipment Finance. read more

MAR 20, 2020 - 6:55 am

Jeff Bell and his team at Key Equipment Finance were some of the earliest adopters of data analytics for use in sales. He expands on some the advantages analytics bring to the table and why they can be so useful for sales reps.... read more

Nov/Dec 2019

CEMC partnered with ELFA to promote the significance of technology innovation on the health and continued evolution of the equipment finance marketplace. read more

MAR 5, 2020 - 6:50 am

Stonebriar Commercial Finance tapped IDScloud to provide Software-as-a-Service for portfolio management solution for its equipment finance portfolio. read more

MAR 3, 2020 - 7:00 am

Matt Tallo

The beginning of a new year is always filled with predictions and outlooks. For those looking to read into the future and opine on the past, the end of this decade seemed to offer us all ample opportunity to reflect.... read more

February 2020